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Fed's Williams: Further rate hikes are not a commitment or a promise

In an exclusive interview with CNBC, New York Fed President Williams said that further rate hikes were neither a promise or a commitment.

Key quotes

  • We are ready to reassess and reevaluate our views.
  • We are listening carefully to markets.
  • Expect a healthy economy in 2019.
  • We have about 3pct growth this year, jobless rate is low.
  • Moving to more data-dependent mode on policymaking.
  • Markets signalling some risks to outlook.

Source: Reuters.

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